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So far, (with only two days experience with this), I haven't seen much of a change in the way Citi or JPM trades. The smaller trade throughs are still offering decent price improvement, and the LQ seems to be moving along with the market. I haven't seen the market slam up against the LQ and...

My apologies, as this is a cross post. I was replying to the other thread, and it was closed in favor of this one.... Others have already answered the question, but what the heck.... ------- Repost: Yes, iVolatility is the site of choice for Historical Volatility. www.ivolatility.com...

Yes, iVolatility is the site of choice for Historical Volatility. The formula for HV30 is Std Dev( Ln(Close/Close[1]),30) * Sqrt(250) or the standard deviation over a 30 day period of the logarithm of the current day's close divided by the previous day's close times the square root of...

I saw an extra line, NYLQ, with some additional size there. The size wasn't a duplicate of the line in the book at that price, so it appears to be truly an addition from the floor. I noticed that it was fairly aggressive in market moves, i.e. it tended to get closer to the inside market on...

It's amazing how over time, you really get used to the way Ben delivers information. When I first started using his service, I couldn't keep up. But over the first few months, I started to get used to it, and now, it's amazing all the nuances that I find I cannot trade without.... (as others...

I'd say it depends..... Mostly, it depends on your style of trading. If you are trading highly correlated stocks on a short term basis, or you trade longer intraday swings, the information you can get from the pit can help you assess the strength of a move or the climax of a turning...

While I haven't ordered as many computers from Dell as Eric has, my 2.4GHz laptop arrived about a month ago, three days after I had ordered it. It runs as I expected, came with everything promised, including upgrades and accessories, and it's been trouble free. I know this hasn't been...

Bright has an office in Denver, specifically Lakewood. There are about 15 traders in the office, and it's probably one of the best groups of intraday traders that I know of. Most of the traders are very experienced and trade a variety of styles. There's also a good mix of system trading...

jaiko, Good point! I often try to get around this by having my code check the volume of those prints or the 1 minute bar, depending on my data resolution. Clearly, this is easier to do on the thicker NYSE stocks, and it's certainly not foolproof, but it helps weed a lot of those errant...

baggerlord, I realize that all of this thread is coming off as very negative, but please realize that most of us have all been there. I really wanted to believe the awesome results on several systems that I've built, but alas.... Metastock will allow you to test with some future...

Yep, well, I was one of those witnesses. It sure was nice to see that P&L get so green so fast.... It seemed like every stock Don touched on the opening turned green. Clearly, Don's experience and familiarity with these stocks makes a huge difference. I'd love to have even 1/10 of that...

I just wanted to keep this thread alive for a bit longer... If there are any Elite Trader members in the Denver area, this would be a great time to get together and just say "Hi." It's always nice to put a face with names. I'm planning on attending for the duration, or until Don stops...

LOL!!! Are you callin' us fun !!??? You'll tarnish your reputation in this area. :) Anyway, we're looking forward to seeing you next week.

errrrr, OK, but you should know that our group has been called a bunch of beer-drinking, tech-talking, overoptimizing, programming geeks....in order of importance, with beer-drinking well in the lead... :D Sounds like we're quite the fun group, I guess.

Don, I'll be there......and I'm already getting thirsty :eek: Will there be bonus drinks for the person who drives the farthest??? (Fort Collins is just over an hour north of Denver).

OK, this thread seems to have outlived it's topic. I'm closing it.

Hi pri, While there are many variables involved in this, (such as are you using a direct access system, how does your broker deal with your orders, your submission at 3:40:00pm EDT might have just missed the cutoff, etc.), the following two statements will apply: An MOC to sell short isn't...

For me, last week was the worst so far for price improvement. I was seeing my trades go off in several NYSE stocks bunched up with prints two, three, and five cents beyond. That's telling me that some specialists are already trading this way. Of course, this could just be the direct...

I came across this page recently on the Arca site. http://www.tradearca.com/data/pdf/ECNsandETFs.pdf is where this quote was taken from.... Unfortunately, it's a .pdf so that I couldn't just paste the quote into this space.

I think there will be a difference if you send an order that's inside the NBBO to ARCA. I'm pretty sure the software will "shop that order around" to different MMs, AMEX, etc. for price improvement, which is why you can get hung up. If you are outside of the quote, your order should go into...